Shadow Wood Charitable Foundation Inc

Analysis

Shadow Wood Charitable Foundation Inc is a registered charity in United States, based in Bonita SPGS, FL. It received its IRS tax-exemption ruling in September 2012, 14 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending March 2024, Shadow Wood Charitable Foundation Inc reported income of $1.5m and spending of $1.4m, spending 91% of its income. Across the 5 years on record, from March 2020 to March 2024, income grew from $955k to $1.5m (+58%), an average of +12% a year. The sharpest change came in the year to March 2023, when income rose by 35%. Over the whole period it spent 94% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Shadow Wood Charitable Foundation Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 85th percentile within FL. Charities of a similar size with the same main cause include Appalachian Community Fund Inc ($1.5m), Northeastern Wisconsin Area Health Education Center Inc ($1.5m) and Variety of Greater Kansas City Tent 8 ($1.5m).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 92% of the total. At year end it held assets of $628k against liabilities of $16k, net assets of $612k.